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HomeMy WebLinkAbout04124 - US FILTER MOU WASTE WATER SVC MO 6458 Kathie Hart From: Marcus Fuller Sent: Friday,April 01, 2016 9:29 AM To: Kathie Hart Cc: Tabitha Richards;Jay Thompson Subject: Re:A4124-US Filters Yes Marcus L. Fuller, MPA, PE, PLS Assistant City Manager/ City Engineer City of Palm Springs 3200 E. Tahquitz Canyon Way Palm Springs, CA 92262 (760) 322-8380 Marcus.Fuller@palmsprings-ca.gov On Mar 21, 2016,at 6:37 PM, Kathie Hart<Kathie.Hart@palmsprings-ca.gov>wrote: This agreement expired in Aug. 2014. OK to close? Kathie Hart, MMC Chief Deputy City Clerk City of Palm Springs (760) 323-8206 3200 E. Tahquitz Canyon Way :=- (760) 322-8332 Palm Springs, CA 92262 E Kathie.Hart@PalmSoringsCA.gov City Hall is open 8 am to 6 pm, Monday through Thursday, and closed on Fridays. <AEX32 Print.pdf> t � OUUS Filter M for Wastewater Services Agr AGREEMENT#4124 M06458, 7-28-99 MEMORANDUM OF UNDERSTANDING This MEMORANDUM OF UNDERSTANDING FOR A WASTEWATER SERVICES AGREEMENT (DBOM) ("MOU") is made as of this 36 th day of July, 1999, by and between U.S. FILTER OPERATING SERVICES, INC., a Delaware corporation ("Filter"), and the CITY OF PALM SPRINGS, CALIFORNIA ("City"). This Agreement is made in reference to the following recitals. Recitals WHEREAS, 1. City owns and is currently operating the Treatment Facility, the Sewage Collection System and the Down and Under System (the Sewage Collection System and the Down and Under System shall sometirnes collectively be referred to herein as the "Related Facilities"). 2. Studies performed for the City suggested that an expansion of the Treatment Facility from 10.9 mgd to 16.9 mgd was needed at a projected cost of$33,000,000. In addition, as a result of Proposition 218, the City decided that a comprehensive review of the existing rate structure was in order. Finally, the city decided to investigate privatization pursuant to Government Code Section 5956.1 et sec 3. The City Council has determined that it desires to obtain the services of a qualified organization experienced in the design, build, operation and maintenance of wastewater facilities to provide engineering, design, construction, operation and maintenance services with respect to the Treatment Facility and the Related Facilities. The City established an RFP Process to select the best privatizer. Through the RFP process the City received various proposals including proposals from Filter, the Desert Water Agency ("DWA") and others. As part of its action on March 1999, and pursuant to State procurement statues and the Palm Springs Municipal Code, the City Council selected Filter as the successful proposer with respect to such design, construction, operation and maintenance services. 4. - As a result of the RFP Process, Filter and the City have entered into a five- year interim management agreement, the Wastewater Services Agreement (O&M) of even date herewith (the"O&M Agreement"). 5. It is the intent of the City and Filter that the parties negotiate and enter into a mutually satisfactory agreement (the "Long Term Agreement") to supercede the O&M Agreement providing for the design and construction of an expansion of the Treatment Facility and a 15 year operations and maintenance agreement with respect to the expanded Treatment Facility and the Related Facilities in a manner which is consistent with the terms of this MOU. Filter has proposed and the City has determined that a much smaller expansion from 10.9 mgd to 12.9 mgd (rather than 16.9 mgd) was sufficient at this time, at an estimated savings of approximately $ 28,400,000. Once negotiated and documented, Filter shall execute the Long Tenn Agreement and deliver such executed agreement to the City, but shall not be acted upon by 1 07/30/99 LA3.894321.1 07/30/99 10 49 AM City except pursuant to Recital 7 below. 6. The Long Term Agreement shall be entered into by the City pursuant to both of California Government Code Section 5956.1 et.seq. and Chapter 3.12 of the Palm Springs Municipal Code. Each of the foregoing statutes shall be independent authority for the City to enter into the Long Term Agreement and to procure certain services with respect to the Treatment Facility, and Related Facilities as described herein. 7. A Ballot Measure has qualified for the November 1999 ballot, which seeks to prohibit the privatization and transfer of the Treatment Facility to a private entity. As the Long Term Agreement will provide for a lease to Filter of the Treatment Facility and would be inconsistent with the Ballot Measure, the parties have decided to negotiate the Long Term Agreement but not enter into the same unless the Ballot Measure is defeated. The Ballot Measure would only permit sale or lease to a public agency meeting certain criteria such as the DWA. The City does not intend to contravene the will and decision of the citizens of the City regarding the Ballot Measure. In the interim, the parties have negotiated a five-year O&M Agreement for the management and operation of the Treatment Facility by Filter. Provided that the Ballot Measure is defeated, the City shall execute the Long Term Agreement and the O&M Agreement shall terminate as of the Long Term Agreement Commencement Date. Nothing contained herein shall be construed so as to be inconsistent with such intent. Agreement NOW, THEREFORE, in exchange of the mutual promises contained herein and for other good and valuable consideration, and intending to be legally bound, the Parties to this MOU as follows: ARTICLE I PURPOSE Section 1.1 Statement of Purpose. This MOU is intended to outline the terms of a Long Term Agreement to be entered into should the Ballot Measure be defeated by the voters. The goals of the Long Term Agreement, shall be to: (a) Reduce the cost of operating the Treatment Facility so that the sewer rates applicable to residents of the City can be reduced at least 25%. (b) Provide for the operation, maintenance and, as necessary, modernization of the 50-year old Treatment Facility, to employ current technology for the treatment of Influent such that the Treatment Facility operates more efficiently and cost effectively; and ensure compliance with current environmental rules and regulations. (c) Provide for a design/build contract to reduce the cost of the necessary expansion of the Treatment Facility and to carry out the expansion of the Treatment Facility from 10.9 mgd to 12.9 mgd, reducing the expansion from an original projection of 16.9 mgd. LA3 894321.1 07/30/99 10:49 AM 2 0 (d) Protect against potential contamination that may result from the production of Effluent and solids that does not meet Environmental Laws and to protect the City's groundwater. (e) Provide for financing of the improvements to the Treatment Plant so as to minimize any necessary adjustments to the sewer rates. (f) Provide a means to protect the employment interests of current City staff at the Treatment Facility through a contract providing for their continued employment at the Treatment Facility. The City and Filter acknowledge and agree that the goals set forth in this Section 1.1 represent the mutual goals of the parties in pursuing a Long Term Agreement and do not represent a contractual obligation of the City and Filter to achieve such goals. The City and Filter shall only be bound and obligated by the terms, provisions and obligations set forth in the Long Term Agreement. Section 1.2 Citv's Economic Analysis. The City has considered other options for the operation and maintenance of the Treatment Facility, and has found that Filter's proposal for the long-term operation and maintenance of the Treatment Facility provides the residents of the City of Palm Springs with the most benefits and lowest current and future rates. A comparison of the proposals for the operation of the Treatment Facility in the short-term and long-term by Filter and the operation by the Desert Water Agency has been prepared solely by the City and is attached hereto as Exhibit B hereto. ARTICLE II INCORPORATION OF TERMS OF O&M AGREEMENT, ADDITIONAL DEFINITIONS Section 2.1 Incorporation of O&M Agreement Terms. The terms and provisions of the O&M Agreement are incorporated by reference into this MOU and will be included within the Long Term Agreement, except as noted herein. Initially capitalized terms not otherwise defined herein shall have the meanings set forth in the O&M Agreement. Section 2.2 Additional Definitions Applying to MOU. The following definitions shall be applicable to this MOU: "Existing Debt" means those certain $18,073,402.15 1989 Refunding Certificates of Participation (Wastewater Treatment Plant) issued by the City. "Floating Cap" has the meaning set forth in Section 5.4. "Long Term Agreement Commencement Date" means the date on which the conditions precedent set forth in Section 2.1 and Section 2.2 of the O&M Agreement, which sections shall also be applicable to the Long Term Agreement, and Section 3.2 of this MOU have been satisfied (or waived by the party having the right to do so). LA3:894321 1 07/30/99 10.49 AM 3 i • "Treatment Facility Expansion" has the meaning set forth in Section 5.1. ARTICLE III TERM, COMMENCEMENT, TERMINATION Section 3.1 Term. The Term of the Long Term Agreement shall be 15 years and shall commence on the Long Term Agreement Commencement Date. Section 3.2 Additional Conditions to Commencement Date Under the Long Term Agreement. The following conditions;precedent to the Long Term Agreement Commencement Date shall be added in the Long Term Agreement to the conditions precedent to the City's obligations set forth in Section 2.1 of the O&M Agreement and the conditions precedent to Filter's obligations set forth in Section 2.2 of the O&M Agreement, which conditions precedent shall be applicable to the Long Term Agreement unless mutually waived by the parties: (a) Upon the mutual agreement of the parties, the successful completion of a validation action with respect to the Long Term Agreement; and (b) The defeasance and refinancing of the Existing Debt (unless the parties mutually determine otherwise). Section 3.3 Good Faith Negotiations. Both parties shall act in good faith in connection with the negotiations for, and documentation of, the Long Term Agreement. Each party shall use its best efforts to negotiate and finalize the Long Term Agreement within 120 days after the Commencement Date under the O&M Agreement. Section 3.4 Termination Charges. Except as set forth in Exhibit A attached hereto, the term "Termination Charges", as used in the O&M Agreement shall be capped in the Long Term Agreement at One Million Thirty-Eight Thousand Dollars ($1,038,000) and shall be reduced down to zero over the first six (6) years of the Term of the Long Term Agreement in the manner set forth in Exhibit A. Notwithstanding the foregoing, prior to the execution of the Long Term Agreement, the City and Filter shall, based upon the actual staffing situation at the Treatment Facility and the amounts incurred by Filter as of the date of the execution of the Long Term Agreement with respect to staffing and severances, discuss a modification to the amount of the Termination Charges, if applicable, and shall mutually agree upon the exact amount of Termination Charges and the form of Exhibit A that shall be applicable to the Long Term Agreement. Additionally, if the Long Term Agreement is terminated before the expiration of the 15 year Term, City shall pay to Filter, within 30 days after the termination date, the unamortized amounts relating to the Rolling Stock and the City's employee severance and benefits packages (with respect to which Filter shall make the payment described in Section 6.1(e)below) that are being amortized pursuant to the Annual Non-Employee Capital Recovery Component (the payment of which by the City shall be in addition to any payment to Filter of any Termination Charges. Annual Non-Employee Capital Recovery Component shall otherwise be treated in the Long Term Agreement in the same manner as was the O&M Annual Capital Recovery. LA3 894321 1 07/30/99 10 49 AM 4 • Section 3.5 Corporate Headquarters The provisions set forth in Section 13.5 of the O&M Agreement concerning U.S. Filter Corporation's corporate headquarters shall be applicable to the Long Term Agreement but shall run from the Long Term Agreement Commencement Date; provided, however, that the period in which such provisions shall be in effect shall be reduced by the period in which the O&M Agreement has been in effect. This Section 3.5 shall be of no further force or effect after the expiration of the fourth year of the Term of the Long Term Agreement. ARTICLE IV LEASE AND ADDED SERVICES Section 4.1 Lease of Treatment Facility and License of Sewage Collection System and Down and Under System. The Long Term Agreement shall provide for a lease by the City to Filter of the Treatment Facility and the Treatment Facility Site and a license by the City to Filter of the Sewage Collection System and the Down and Under System, in each case, upon such terms as the City and Filter shall mutually agree upon and shall set forth in the Long Term Agreement. Section 4.2 Reclaimed Water System. It is the intent of the parties that the City and Filter explore the beneficial use of Reclaimed Water in connection with the treatment of Influent at the Treatment Facility. The Long Term Agreement shall set forth the obligations of the City and Filter in connection with (i) any studies, analyses and reports to be performed in connection with the possible creation of a Reclaimed Water system; (ii) any discussions with the Desert Water Agency, any other applicable Governmental Agency and/or any other party in connection with the possible creation of a Reclaimed Water system; and (iii) the general parameters of each party's obligations in the event a Reclaimed Water system is created. Section 4.3 Rolling Stock. The Long Term Agreement shall provide for the sale and transfer by the City to Filter of the Rolling Stock. Filter shall purchase from the City and the City shall sell to Filter, the Rolling Stock, free and clear of all liens and encumbrances, for an amount equal to $240,000. The purchase price shall be paid to the City on or before the Long Term Agreement Commencement Date. The City and Filter shall execute such bills of sale, assignments and such other documentation as is customary, reasonable and/or necessary to effect the sale and transfer of the Rolling Stock to Filter. Section 4.4 Community Services. Filter shall provide community services in the manner and scope set forth at Exhibit C. ARTICLE V EXPANSION, FINANCING AND EXISTING DEBT Section 5.1 The Treatment Facility Expansion. It is the parties' intent that the Treatment Facility be expanded from 10.9 mgd to 12.9 mgd (the "Treatment Facility Expansion"). The design features, design parameters, construction schedule, design approval process, change order process and permitting obligations and process with respect to the Treatment Facility Expansion shall be mutually agreed upon by the City and Filter and shall be LA3 894321.1 07/30/99 10.49 AM 5 0 set forth in the Long Term Agreement. The cost of the Treatment Facility Expansion shall be $4,845,000, excluding financing costs, and is based upon the Treatment Facility Expansion being undertaken in the manner set forth in Filter's response to the City's request for proposal. If the City and Filter make mutually acceptable alterations to the Treatment Facility Expansion, as described in Filter's response to the City request for proposal, the parties shall adjust the foregoing cost figure. Section 5.2 Permitting for the Treatment Facility Expansion.The Long Term Agreement shall set forth the obligations of the City and Filter in connection with the procurement of permits for the Treatment Facility Expansion, including, without limitation, the modification of the City's existing environmental impact report relating thereto. Section 5.3 Financing of Treatment Facility Expansion.. It is the parties intent that the Treatment Facility Expansion be financed in a mutually acceptable manner(which financing may be pursuant to (i) a municipal or capital lease between the City and a lender to be determined, (ii) taxable bonds; or(iii) such other financing vehicle as the parties may mutually agree). The City and Filter acknowledge and agree that the procurement of mutually satisfactory financing for the Treatment Facility Expansion shall be a condition precedent to the parties' obligations to proceed with the design and construction of the Treatment Facility Expansion. The City and Filter shall cooperate in connection with securing the financing for the Treatment Facility Expansion. The Long Term Agreement shall provide for and describe the financing for the Treatment Facility Expansion. In no event shall Filter be obligated to provide the financing for the Treatment Facility Expansion. Section 5.4 Sewage Collection System and Down and Under System Caps. The formula set forth in Section 5.4(f) of the O&M Agreement with respect to Filter's obligations relating to the Sewage Collection System and the Down and Under System shall apply to the Long Term Agreement, except for the following changes: (a) Monetary Cap. Filter's maximum monetary obligations for providing the services described under Sections 5.4(d)-(e) of the O&M Agreement shall be increased from $150,000 to $450,000, subject to the provisions of 5.4(b) below. (b) Expenditure Limitation for First Five Years of Term. Notwithstanding the provisions of this Section 5.4, Filter's monetary obligation for items set forth in Section 5.4(f) of the O&M Agreement, which shall be applicable to the Long Term Agreement, shall be limited to $30,000 per year for the first five years of the Term, for a total of$150,000. After the fifth year of the Term, Filter's monetary obligations hereunder shall be increased to an amount equal to $450,000 less any amounts paid during the first five years of the Term and shall be calculated pursuant to the formula set forth at Section 5.4 of the O&M Agreement, which shall be applicable to the Long Term Agreement. In no event, however, shall Filter be obligated to incur more than $450,000 in costs during the Term of the Long Term Agreement. Except as described in this Section 5.4, the other provisions of Section 5.4(f) shall be applicable to the Long Term Agreement. LA3:894321.1 07/30/99 10.49 AM 6 Section 5.5 Existing Bond Debt. The City and Filter shall mutually analyze and review the Existing Debt to determine how best to handle the Existing Debt in light of the transactions contemplated by the Long Term Agreement. If the parties determine that defeasance of the Existing Debt is necessary, the City and Filter shall cooperate in undertaking such defeasance in a timely manner, including, without limitation, determining a source of financing for the defeasance (which financing may be pursuant to (i) a municipal or capital lease between the City and a lender to be determined, (ii) taxable bonds; or (iii) such other financing vehicle as the parties may mutually agree). The Long Term Agreement shall provide for and describe the financing for the defeasance of the Existing Debt (if determined necessary by the City and Filter). In no event shall Filter be obligated to provide the financing for the defeasance or refinancing of the Existing Debt. ARTICLE VI COMPENSATION AND OTHER PAYMENTS Section 6.1 Filter Payments to City. In consideration for certain benefits granted and provided by the City to Filter, the Long Term Agreement shall provide that Filter shall make the following payments to the City. (a) Land Lease Payrnent to the Airport. Commencing on the July 1 following the first anniversary of the Long Term .Agreement Commencement Date, and annually thereafter, Filter shall pay to the City, in arrears, the lease payment for that portion of the Treatment Facility and Related Facilities upon property owned by the Palm Springs International Airport, a department of the City, in the amount of$522,720 for each of the first five years of the Term, plus any increase based on CPI, beginning on July 1, 2006 and each July 1 thereafter. (b) Annual Overhead and Administration Fee. Commencing on the July 1 following the first anniversary of the Long Term Agreement Commencement Date, and annually thereafter, Filter shall pay to the City in arrears an annual fee in the amount of$150,000 per year to help defray and reimburse the City for the overhead, administrative, monitoring and personnel costs that the City will incur as a result of, or allocate to, the Long Term Agreement and the parties' performance thereunder. (c) - One-Time Employee Capital Payment. Concurrent with the Long Term Commencement Date, Filter shall pay to City $350,000 to compensate City for certain employee- related costs and expenses. (d) Limitation on Payments by Filter to City. If, as of the date that any of the payments described in this Section 6.1 are due and payable, the Service Fee and any other amount due and payable to Filter under the Long Term Agreement have not been paid in full, Filter shall be entitled to defer such payment(s) until such time as Filter has been paid in full. (e) Payments Until July 1, 2000. The payments under Sections 6.1(a)-(b) and Sections 6.6-6.7 for the period between the Long Term Agreement Commencement Date and July 1, 2000 shall be a prorated amount. of the foregoing, based on the full months elapsed during such period. LA3 994321.1 07/30/99 10:49 AM 7 Section 6.2 Service Fee. In lieu of the O&M Fee, the O&M Annual Capital Recovery, the O&M Fixed Component and the O&M Variable Component, the Long Term Agreement shall provide for a Service Fee, Annual Non-Employee Capital Recovery Component, Annual Employee and Soft Costs Capital Recovery Component, Fixed Component and Variable Component. (a) Fixed Component. The Fixed Component of the Service Fee shall be in an amount equal to (i) $195,308.75 per month from and after the Long Term Agreement Commencement Date until June 30, 2000, plus any possessory interest tax and annual business license fee set forth in Sections 6.6 and 6.7; (ii) $2,385,479 ($198,789.92 per month) for the period of July 1, 2000 until June 30, 2001, plus any possessory interest tax and annual business license fee set forth in Sections 6.6 and 6_7; and (iii) $2,428,299 ($202,358.17 per month) for the period of July 1, 2001 until June 30, 2002, plus any possessory interest tax and annual business license fee set forth in Sections 6.6 and 6.7, and, thereafter, commencing on July 1, 2002, and each July 1 thereafter, the Fixed Component of the Service Fee shall be adjusted in accordance with the provisions of Section 7.2 of the O&M Agreement, which provisions shall be applicable to the Long Term Agreement. The Fixed Component of the Service Fee is based upon the operations and maintenance of the Treatment Facility, as it exists as of the date hereof, except as expanded pursuant to a Treatment Facility Expansion being undertaken in the manner set forth in Filter's response to the City's request for proposal. Other than as set forth herein, the Fixed Component of the Service Fee shall be treated in the Long Term Agreement in the same manner as was the O&M Fixed Component. (b) Annual Non-Employee Capital Recovery Component. As of the date hereof, the Annual Non-Employee Capital Recovery Component of the Service Fee is estimated at $59,170 per year($4,930.83 per month). The Annual Non-Employee Capital Recovery Component does not contemplate any financing by Filter for the Treatment Facility Expansion or the defeasance and/or refinancing of the Existing Debt. If Filter provides financing for the Treatment Facility Expansion and/or the defeasance and/or refinancing of the Existing Debt, the Annual Non-Employee Capital Recovery Component shall be adjusted to reflect such financing.. (c) Annual Employee and Soft Costs Capital Recovery Component. As of the date hereof, the Annual Employee and Soft Costs Capital Recovery Component of the Service Fee is estimated at $183,307 per year ($15,275.58 per month), subject to re-negotiation by the parties pursuant to Section 3.4. The Annual Employee and Soft Costs Capital Recovery Component shall only be due and payable by the City to Filter during the first seven(7) years of the Term of the Long Term Agreement. Upon the expiration of the seventh(7th)year of the Term of the Long Term Agreement, the City shall not be obligated to continue payments of the Annual Employee and Soft Costs Capital Recovery Component. The Annual Employee and Soft Costs Capital Recovery Component shall otherwise be treated in the Long Term Agreement in the same manner as was the O&M Annual Capital Recovery. (d) Variable Component. The Variable Component of the Service Fee shall be treated in the Long Term Agreement in the same manner as was the O&M Variable LA3.894321 I , 07/30/99 10 49 AM 8 Component, except that the initial Variable Rate shall be the Variable Rate that was in effect under the O&M Agreement as of the date it is terminated. Section 6.3 Additional Compensation Adiustments. In addition to the adjustments to Compensation set forth in Section 7.4 of the O&M Agreement, which adjustments shall also be applicable to the Long Term Agreement, the Long Term Agreement shall provide that the Fixed Component of the Service Fee shall be increased to take into account changes, after the execution of the Long Term Agreement, in the (i) design of the Treatment Facility Expansion; (ii) permitting requirements for the Treatment Facility Expansion and (iii) the City's insurance requirements (as described in Section 7.1 below), provided that cap and amortization schedules may be negotiated to the mutual agreement of the parties, and no party shall proceed until agreement is achieved. Section 6.4 Compliance with Government Code Section 5956.1 et. seq.. The Long Term Agreement will include provisions that comply, and are consistent, with the requirements and provisions of Government Code Section 5956.1 et. sec.. Section 6.5 Annual Audit. The Long Term Agreement shall provide that,by April 30 of each year during the Term of the Long Term Agreement, Filter shall provide to the City an annual audited report for the prior calendar year, setting forth the User Fees received by the City during such calendar year (which shall be based exclusively on information provided to Filter by the City on or before February 15 of each year) and the expenses incurred by the City under the Long Term Agreement in connection with the Treatment Facility, the Sewage Collection System and the Down and Under System. Filter shall made the annual audited report available to any member of the public who requests such report at a cost not to exceed the cost of reproduction of the report. Section 6.6 Possessory Interest Tax. Commencing on the July 1 following the first anniversary of the Long Term Agreement Commencement Date, and annually thereafter, Filter shall pay to the County of Riverside, in arrears, the possessory interest tax levied by the County of Riverside, which City estimates to be approximately $100,000. Filter shall pay any increases in the possessory interest tax from that estimated herein. The possessory interest tax shall be a pass through tax from the rate payers. Section 6.7 Annual Business License Fee. Commencing on the July 1 following the first anniversary of the Long Term Agreement Commencement Date, and annually thereafter, Filter shall pay to the City, in arrears, an annual business license fee in the amount set in the City's Comprehensive Fee Schedule for Filter's performance of the services under the Long Term Agreement. Section 6.8 Cap on Compensation. Section 7.5 of the O&M Agreement shall not be applicable to the Long Term Agreement. Section 6.9 Treatment Facility Expansion. The City shall pay to Filter the compensation set forth in Section 5.1 with respect to the Treatment Facility Expansion pursuant to procedures to be mutually agreed upon in the Long Term Agreement. LA3:894321.1 07/30/99 10:49 AM 9 ARTICLE VII INSURANCE. INDEMNITY AND VALIDATION Section 7.1 Insurance Requirements. City may require an increase in the amounts of insurance and type of coverage provided in the O&M Agreement as such amounts are reasonably determined by City to provide for increases in cost-of-living, liability experience, and the market place for insurance. The Long Term Agreement shall create a process for evaluating the need for modifications to the insurance requirements, with disagreements subject to dispute resolution. If the City requires such an increase in insurance, Filter's Compensation shall be increased to reflect the increased costs of procuring such insurance. Filter shall provide to City appropriate documentation to demonstrate an actual increase in such costs. Section 7.2 Cap on Filter Damages, Liability and Indemnification Obligations. Section 10.1(c)(iv) of the O&M Agreement, as included in the Long Term Agreement, shall be revised by substituting $30,000,000 for$10,000,000. Section 7.3 Validation of Agreement. If the parties mutually agree to pursue a validation action as set forth at Section 3.2(a), the parties shall promptly initiate and pursue a validation action with respect to the Long Term Agreement following the execution thereof. Filter agrees to pay for the first $100,000 of attorneys' fees and costs in connection with the validation action and, thereafter, such fees and costs shall be borne equally by the City and Filter. Should the Long Term Agreement be invalidated by a court of competent jurisdiction as a result of such validation action, the parties shall meet and confer to attempt to correct whatever aspects of the transaction let to the determination that it violated existing law, at the same time achieving a recovery of the parties' relative benefit of the bargain in entering the Long Term Agreement. If the parties are unable to agree upon such changes to the Long Term Agreement within ninety (90) days of the invalidation then the parties will continue to perform their obligations pursuant to the O&M Agreement. Filter shall not be entitled to recover any portion of the costs it incurs hereunder. The validation action shall be undertaken by Rutan & Tucker, or such other counsel selected by the City and reasonably acceptable to Filter(with such representation to be undertaken at the rates at which Rutan & Tucker or such other counsel charges the City for legal work of that nature). Filter, at its cost, shall be entitled to have its own counsel participate in the validation proceeding in such manner as Filter, in its sole discretion, desires. If a validation is pursued by the parties, the successful validation of the Long Term Agreement shall be a condition precedent to the Long Term Agreement Commencement Date and the parties obligations thereunder. Filter, at any time during the validation action, shall have the right, in its sole discretion, to terminate the Long Term Agreement, in which case, Filter's obligation to fund the validation action as set forth in this Section 7.3 shall immediately cease and terminate. LA3.894321.1 07/30/99 10:49 AM 10 ARTICLE VIII MISCELLANEOUS Section 8.1 Other Provisions. The City and Filter acknowledge and agree that, as they proceed with the negotiations for, and documentation of, the Long Term Agreement, additional provisions that were not included in the O&M Agreement (or were included in the O&M Agreement but deviate from the provisions set forth in the O&M Agreement) and which are not referenced in this MOU may need to be included in the Long Term Agreement in order to effect the transactions intended by the parties under the Long Term Agreement. The parties shall act reasonably and in accordance with Section 3.3 in connection with the negotiation and resolution of such additional issues. Section 8.2 Execution in Counterparts. This MOU may be executed in two or more counterparts, each of which shall be deemed to be an original but all of which together shall be deemed to be one and the same instrument. LA3:894321.1 07/30/99 10.49 AM 11 0 0 IN WITNESS WHEREOF, the parties have hereunto entered into and executed this MOU, by their duly authorized representatives, as of the date first above written. CITY CIT F PALM SPRIN S municipal co oration City Manag ATTEST: APPROVED By �HE CITY COUNCIL ax'R . �0.' y59' 7 z -s,7 City Clerk yy�p —�'�' ` APROVED AS TO FORM: Cit torney FILTER U.S. FILTER OPERATING SERVICES, INC., a Delaware corporation By: Name: eit-4,« Title: CCC `�01 ,r Name: Title: 'Vr'C'i� LA3 894321A 07/30/99 10 49 AM 12 EXHIBIT A TERD 1NATION CHARGES The Termination Charges shall be equal to $1,038,000, which amount shall be reduced monthly be an amount equal to $17,300 multiplied by the full months of the Tenn of the Long Tenn Agreement that have elapsed. In addition to the foregoing, City will pay to Filter an additional amount equal to the amount determined pursuant to Section 5.4(f) of the O&M Agreement(which formula shall be consistent with the tenns of this MOU). LA3:894321.1 07/30/99 10:49 AM EXHIBIT B CITY'S ECONOMIC ANALYSIS USFOS USFOS Short Term Long Term DWA (as of the date of (as of the date of (as of March 6, 1998) execution of the execution of the MOU) Wastewater Services Agreement) TYPE ACTIVITY Operation and Design,Build, Sale with non- Maintenance Agreement Operation and continuing oversight by Maintenance under a City Lease TERM 5 years 15 years Ownership Transfer EXISTING CLIENT Continue Paying Continue Paying Forgive LOANS OWNERSHIP City City DWA RATE SETTING City City DWA RESERVES Use to Pay off Bonds Use to Pay off Bonds Transfer reserves to DWA EXISTING BONDS Kept in Place Pay off No Commitment (City continue to be responsible?) RATES No change Estimated 18-32% No increase for 2 years overall reduction SEWER No change Estimated 40% 50%reduction CONNECTION FEE reduction PROPOSED# 12*" 12** 24 EMPLOYEES *Plus CPI adjustments. **NOTE: All existing employees guaranteed continued employment if they so chose. LA3.894321 1 07/30/99 10 49 AM EXHIBIT C COMMUNITY SERVICES Filter shall perform the following Community Services as a corporate expense, and Filter shall not be entitled to recover any costs therefor. Filter's commitment to provide the following services shall supercede any prior oral discussions or written agreements between Filter and City before the date of this MOU. Filter may, at its sole option, provide additional community services than those listed herein. Every five (5) years of the Term, all amounts to be donated by Filter, as designated below, shall be increased by 10%. 1. Culligan Facility Located in the City: So long as the operations of the plant are permissible and in accordance with City codes, or, if not, the City passes a variance or other ordinance permitting such operations (without requiring any exactions or fees from Filter in connection therewith), Filter within 18 months of the Long Term Agreement Commencement Date, will locate a Culligan Facility in the City. The Culligan Facility will be approximately 15,000 square feet on approximately 1 acre. 2. Plant and Visitor Center Tours of the Treatment Facility: Within 24 months of the Long Term Agreement Commencement Date, Filter shall create a visitor's center, and outdoor classrooms and exhibit area capable of accommodating at least 25 visitors at the Treatment Facility. Periodic tours of the Treatment Facility will be conducted form the visitor center. The design and layout of the visitor center shall be reviewed by the City Council. 3. Student Internships: Student internships for 5 City college and high school students per year at Filter facilities. 4. Virtual University: Subject to the five-year increases set forth above, Filter shall donate $10,000 per year to the Virtual University. Should the Virtual University fails to be successfully implemented or ceases operations at any time during the Term, Filter shall be required to transfer the donation to another agency within the City and designated by the City Council, which has the same general purpose. Should the City wish to have the obligations transferred to any other entity, other than as described above, such transfer shall require the prior written consent of Filter, which shall not be unreasonably withheld. 5. VIPS and Volunteer Services Program: Filter shall provide volunteer services for at least an average of one day per week (based upon an 8 hour day) for the entire Term of the Agreement for community needs, including but not limited to park, recreation, and social service needs; youth, disadvantaged and senior needs; educational needs; community-based organization needs; assistance to non-profit and charitable organizations; community events; public safety needs; City programs; water reclamation, materials recycling and environmental remediation needs; programs at the Virtual University; VIPS Programs; and programs similar to the foregoing. Filter shall work in conjunction with the City in connection with the creation and sustainability of volunteer LA3 894321.1 07/30/99 10:49 AM 0 • service programs organized through VIPS, which will serve as an umbrella organization for volunteer work within the City. At Filter's election, Filter may, in lieu of donating such volunteer time, contribute monetarily to community programs mutually acceptable to the City and Filter. If Filter elects to contribute monetarily in whole or in part to satisfy its obligations under this Section 5, each hour shall be valued in an amount as reasonably agreed upon by the parties. 6. Donations to Community-Based Organizations and Events. Filter shall annually make donations aggregating to $5,000 for those purposes specified in paragraph 5 above, to such organizations, programs and events as shall be designated by the City Council. Although the programs may relate to water, reclamation and Treatment, the City Council is free to designate any of the purposes broadly stated in paragraph 5. In addition, Filter shall annually donate used equipment and educational materials having a then current value of$2,500, for a total donation hereunder of$7,500, subject to the five-year increases set forth above. Filter shall annually document the recipients of donations hereunder and the value thereof. 7. DARE: Annual donation of at least $2,500 to DARE or other program related to community safety designated by the City Council. 8. Web Site: Within 6 months, creation of water web site with tie in to City's web site. 9. Economic Development: Cooperation with the City in recruiting industry and business to the City. This commitment includes attending meetings with city staff and new or existing businesses to provide materials concerning services and charges, as well as the availability of upper management to promote the community. 10. Chamber of Commerce: Corporate membership in the City's Chamber of Commerce and involvement in other local civic groups. LA3:894321 1 07/30/99 10 49 AM